LOK looksmart limited

re: lok looking sick.../chart Dear ACOUCHI dont think correctly...

  1. rod
    444 Posts.
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    02/02/03
    20:47
    Post #: 117212
    re: lok looking sick.../chart Dear ACOUCH

    I dont think correctly called this latest LOK signal. A Doji is the thin line that shows extent of price movement and occurs on all candles exept where the open and close are the highs and lows. The pattern you are refering to is called a bullish engulfing pattern and signifies a change in trend & or significant upward price pressure. What will really curdle your noodle is was it caused by short covering or was it a insto led buying frenzy. Risky times.
    LOK Price at posting: 0.0¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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